Ghana and the IMF: Policy shifts, economic bailouts and macroeconomic outcomes
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jpolmod.2024.07.006
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- repec:oup:ecpoli:v:16:y:2001:i:33:p:407-432 is not listed on IDEAS
- Ayse Y. Evrensel, 2004. "IMF Programs and Financial Liberalization in Turkey," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 40(4), pages 5-19, July.
- Ariel BUIRA, 2003. "An Analysis Of Imf Conditionality," G-24 Discussion Papers 22, United Nations Conference on Trade and Development.
- Dreher, Axel, 2006.
"IMF and economic growth: The effects of programs, loans, and compliance with conditionality,"
World Development, Elsevier, vol. 34(5), pages 769-788, May.
- Axel Dreher, 2004. "IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality," TWI Research Paper Series 1, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
- Dreher, Axel, 2005. "IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality," Proceedings of the German Development Economics Conference, Kiel 2005 11, Verein für Socialpolitik, Research Committee Development Economics.
- Axel Dreher, 2004. "IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality," International Finance 0404004, University Library of Munich, Germany, revised 13 Aug 2005.
- Harrigan Jane R & El-Said Hamed, 2010. "The Economic Impact of IMF and World Bank Programs in the Middle East and North Africa: A Case Study of Jordan, Egypt, Morocco and Tunisia, 1983 - 2004," Review of Middle East Economics and Finance, De Gruyter, vol. 6(2), pages 1-25, November.
- repec:bla:ecpoli:v:16:y:2001:i:33:p:407-432 is not listed on IDEAS
- Voyvoda, Ebru & Yeldan, Erinc, 2005. "Managing Turkish debt: An OLG investigation of the IMF's fiscal programming model for Turkey," Journal of Policy Modeling, Elsevier, vol. 27(6), pages 743-765, September.
- Yasemin Bal Gunduz & Christian H Ebeke & Burcu Hacibedel & Linda Kaltani & Vera V Kehayova & Chris Lane & Christian Mumssen & Nkunde Mwase & Joseph Thornton, 2013. "The Economic Impact of IMF-Supported Programs in Low-Income Countries," IMF Occasional Papers 2013/003, International Monetary Fund.
- Barro, Robert J. & Lee, Jong-Wha, 2005.
"IMF programs: Who is chosen and what are the effects?,"
Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1245-1269, October.
- Robert J. Barro & Jong-Wha Lee, 2002. "IMF Programs: Who is Chosen and What Are the Effects?," NBER Working Papers 8951, National Bureau of Economic Research, Inc.
- Robert J Barro & Jong-Wha Lee, 2003. "IMF Programs: Who Is Chosen and What Are the Effects?," Departmental Working Papers 2003-09, The Australian National University, Arndt-Corden Department of Economics.
- Gupta, Sanjeev & Kangur, Alvar & Papageorgiou, Chris & Wane, Abdoul, 2014.
"Efficiency-Adjusted Public Capital and Growth,"
World Development, Elsevier, vol. 57(C), pages 164-178.
- Mr. Sanjeev Gupta & Mr. Alvar Kangur & Mr. Abdoul A Wane & Mr. Chris Papageorgiou, 2011. "Efficiency-Adjusted Public Capital and Growth," IMF Working Papers 2011/217, International Monetary Fund.
- Stubbs, Thomas & Kentikelenis, Alexander & Stuckler, David & McKee, Martin & King, Lawrence, 2017. "The impact of IMF conditionality on government health expenditure: A cross-national analysis of 16 West African nations," Social Science & Medicine, Elsevier, vol. 174(C), pages 220-227.
- Li, Larry & Sy, Malick & McMurray, Adela, 2015. "Insights into the IMF bailout debate: A review and research agenda," Journal of Policy Modeling, Elsevier, vol. 37(6), pages 891-914.
- Mr. Mohsin S. Khan & Mr. Sunil Sharma, 2001. "IMF Conditionality and Country Ownership of Programs," IMF Working Papers 2001/142, International Monetary Fund.
- Garuda, Gopal, 2000. "The Distributional Effects of IMF Programs: A Cross-Country Analysis," World Development, Elsevier, vol. 28(6), pages 1031-1051, June.
- Dicks-Mireaux, Louis & Mecagni, Mauro & Schadler, Susan, 2000. "Evaluating the effect of IMF lending to low-income countries," Journal of Development Economics, Elsevier, vol. 61(2), pages 495-526, April.
- Olivier Jeanne & Jeromin Zettelmeyer, 2001.
"International bailouts, moral hazard and conditionality,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 16(33), pages 408-432.
- Olivier Jeanne & Jeromin Zettelmeyer, 2001. "International Bailouts, Moral Hazard, and Conditionality," CESifo Working Paper Series 563, CESifo.
- Hippolyte W. Balima & Mr. Amadou N Sy, 2019. "The Impact of Bailouts on the Probability of Sovereign Debt Crises: Evidence from IMF-Supported Programs," IMF Working Papers 2019/002, International Monetary Fund.
- Bird, Graham, 2002. "The credibility and signalling effect of IMF programmes," Journal of Policy Modeling, Elsevier, vol. 24(9), pages 799-811, December.
- Yasemin Bal Gündüz & Mr. Christian H Ebeke & Ms. Burcu Hacibedel & Ms. Linda Kaltani & Ms. Vera V Kehayova & Mr. Chris Lane & Mr. Christian Mumssen & Miss Nkunde Mwase & Mr. Joseph Thornton, 2013. "The Economic Impact of IMF-Supported Programs in Low-Income Countries," IMF Occasional Papers 2013/003, International Monetary Fund.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jodie Keane & Hazel Granger & Prachi Agarwal & Maximiliano Mendez-Parra, 2024. "Carbon pricing and taxation: A review of approaches and development implications," WIDER Working Paper Series wp-2024-85, World Institute for Development Economic Research (UNU-WIDER).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Graham Bird & Dane Rowlands, 2017. "The Effect of IMF Programmes on Economic Growth in Low Income Countries: An Empirical Analysis," Journal of Development Studies, Taylor & Francis Journals, vol. 53(12), pages 2179-2196, December.
- Mr. Sanjeev Gupta & Michela Schena & Mr. Seyed Reza Yousefi, 2018. "Expenditure Conditionality in IMF-supported Programs," IMF Working Papers 2018/255, International Monetary Fund.
- Hugo Oriola & Jamel Saadaoui, 2024.
"How do geopolitical interests affect financial markets reaction to international institution projects?,"
Working Papers of BETA
2024-25, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Hugo Oriola & Jamel Saadaoui, 2025. "How do geopolitical interests affect financial markets reaction to international institution projects?," EconomiX Working Papers 2025-3, University of Paris Nanterre, EconomiX.
- Mr. Christian Mumssen & Yasemin Bal Gündüz & Mr. Christian H Ebeke & Ms. Linda Kaltani, 2013. "IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term," IMF Working Papers 2013/273, International Monetary Fund.
- James Vreeland, 2006. "IMF program compliance: Aggregate index versus policy specific research strategies," The Review of International Organizations, Springer, vol. 1(4), pages 359-378, December.
- Thomas Stubbs & Bernhard Reinsberg & Alexander Kentikelenis & Lawrence King, 2020. "How to evaluate the effects of IMF conditionality," The Review of International Organizations, Springer, vol. 15(1), pages 29-73, January.
- Molly Bauer & Cesi Cruz & Benjamin Graham, 2012. "Democracies only: When do IMF agreements serve as a seal of approval?," The Review of International Organizations, Springer, vol. 7(1), pages 33-58, March.
- Gunes Gokmen & Tommaso Nannicini & Massimiliano Gaetano Onorato & Chris Papageorgiou, 2021.
"Policies in Hard Times: Assessing the Impact of Financial Crises on Structural Reforms,"
The Economic Journal, Royal Economic Society, vol. 131(638), pages 2529-2552.
- Gunes Gokmen & Massimiliano Gaetano Onorato & Tommaso Nannicini & Chris Papageorgiou, 2017. "Policies in Hard Times: Assessing the Impact of Financial Crises on Structural Reforms," Working Papers 605, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Gokmen, Gunes & Nannicini, Tommaso & Onorato, Massimiliano Gaetano & Papageorgiou, Chris, 2020. "Policies in Hard Times: Assessing the Impact of Financial Crises on Structural Reforms," IZA Discussion Papers 12932, Institute of Labor Economics (IZA).
- Gunes Gokmen & Tommaso Nannicini & Massimiliano Gaetano Onorato & Chris Papageorgiou, 2017. "Policies in Hard Times: Assessing the Impact of Financial Crises on Structural Reforms," DISCE - Working Papers del Dipartimento di Economia e Finanza def061, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
- Graham Bird, 2007.
"The Imf: A Bird'S Eye View Of Its Role And Operations,"
Journal of Economic Surveys, Wiley Blackwell, vol. 21(4), pages 683-745, September.
- Graham Bird, "undated". "The IMF: A Bird's Eye View of its Role and Operations," School of Economics Discussion Papers 0407, School of Economics, University of Surrey, revised Jan 2007.
- Martin Steinwand & Randall Stone, 2008. "The International Monetary Fund: A review of the recent evidence," The Review of International Organizations, Springer, vol. 3(2), pages 123-149, June.
- Committeri, Marco & L´Hotellerie-Fallois, Pilar & Algarra, Monica & Balteanu, Irina & Eijking, Carlijn & Estefanía, Julia & Gallego, Sonsoles & Garelli, Serena & Gibson, Heather & Heinbuecher, Robert , 2019. "Conditionality and design of IMF-supported programmes," Occasional Paper Series 235, European Central Bank.
- Bal Gündüz, Yasemin, 2016. "The Economic Impact of Short-term IMF Engagement in Low-Income Countries," World Development, Elsevier, vol. 87(C), pages 30-49.
- Barry Eichengreen & Poonam Gupta & Ashoka Mody, 2008.
"Sudden Stops and IMF-Supported Programs,"
NBER Chapters, in: Financial Markets Volatility and Performance in Emerging Markets, pages 219-266,
National Bureau of Economic Research, Inc.
- Mr. Barry J. Eichengreen & Mrs. Poonam Gupta & Mr. Ashoka Mody, 2006. "Sudden Stops and IMF-Supported Programs," IMF Working Papers 2006/101, International Monetary Fund.
- Barry Eichengreen & Poonam Gupta & Ashoka Mody, 2006. "Sudden Stops and IMF-Supported Programs," NBER Working Papers 12235, National Bureau of Economic Research, Inc.
- Marijana Andrijić & Tajana Barbić, 2021. "When the Going Gets Tough … the Effect of Economic Reform Programmes on National Well-Being," Sustainability, MDPI, vol. 13(20), pages 1-19, October.
- Bomprezzi, Pietro & Marchesi, Silvia, 2023.
"A firm level approach on the effects of IMF programs,"
Journal of International Money and Finance, Elsevier, vol. 132(C).
- Silvia Marchesi & Pietro Bomprezzi, 2021. "A firm level approach on the effects of IMF programs," Working Papers 476, University of Milano-Bicocca, Department of Economics, revised Aug 2021.
- Oberdabernig, Doris A., 2013.
"Revisiting the Effects of IMF Programs on Poverty and Inequality,"
World Development, Elsevier, vol. 46(C), pages 113-142.
- Oberdabernig, Doris Anita, 2012. "Revisiting the Effects of IMF Programs on Poverty and Inequality," Department of Economics Working Paper Series 144, WU Vienna University of Economics and Business.
- Doris A. Oberdabernig, 2012. "Revisiting the Effects of IMF Programs on Poverty and Inequality," Department of Economics Working Papers wuwp144, Vienna University of Economics and Business, Department of Economics.
- Andrea F. Presbitero & Alberto Zazzaro, 2010. "IMF Lending in Low- and Middle-Income Countries in the Wake of the Global Crisis," Development Working Papers 305, Centro Studi Luca d'Agliano, University of Milano.
- Bhumika Muchhala, 2022. "The Structural Power of the State-Finance Nexus: Systemic Delinking for the Right to Development," Development, Palgrave Macmillan;Society for International Deveopment, vol. 65(2), pages 124-135, December.
- Mr. Calixte Ahokpossi & Laurence Allain & Giovanna Bua, 2014. "A Constrained Choice? Impact of Concessionality Requirements on Borrowing Behavior," IMF Working Papers 2014/176, International Monetary Fund.
- Claudia Maurini, 2019. "IMF programs and stigma in Emerging Market Economies," Temi di discussione (Economic working papers) 1247, Bank of Italy, Economic Research and International Relations Area.
More about this item
Keywords
IMF bailouts; Macroeconomic stability; Economic restructuring; Ghana; Dynamic factor models;All these keywords.
JEL classification:
- E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
- H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
- H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jpolmo:v:46:y:2024:i:6:p:1146-1164. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505735 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.